MEOG - Middle East Oil & Gas
Kuwait doubling down on offshore exploration effort
The state-owned Kuwait Oil Co. is progressing with ambitious upstream plans, with reports suggesting it is lining up a second offshore drilling campaign, while work continues on its first.
Aramco to launch another bond, aiming to raise $3bn
Aramco is preparing to raise up to $3bn through a new bond issuance
IPO of Oman’s OQEP in the offing
Oman’s OQ Exploration & Production (OQEP) is set to launch the largest initial public offering in the Gulf this year, offering 25% of its share capital.
Kurdistan oil producers continue calls for pipe resumption
IOCs in Kurdistan have renewed calls for the reopening of the pipeline to Ceyhan
Saudi Arabia to hold joint economic meeting with Iran
Iranian Oil Minister Mohsen Paknejad said that the Islamic Republic and Saudi Arabia were set to hold a meeting in the near future to explore economic cooperation opportunities.
Massive fire breaks out at gas condensate plant in eastern Iran
A series of massive explosions rocked a condensate factory in the Iranian city of Garmsar, eastern Semnan Province, leaving 10 people injured, two critically.
Palestinians face deportation from Turkey for “Erdogan stop feeding oil to Zionists!” banner
Turkish president continues to allow export of Azerbaijani oil to Israel via Mediterranean port despite his loud criticism of the Israelis’ actions in Gaza.
Iran oil firm salvages 600,000 barrels with mobile processing systems
An Iranian oil company has prevented the loss of around 600,000 barrels of crude oil over the past few months by utilising mobile processing systems.
Turkmenistan suffers energy export setback as Turkey opts for new LNG deal
Holding out for last penny could cost Ashgabat.
Somo selling heavy crude at major discounts
Iraq’s state oil marketer has sold a consignment of heavy crude at a massively reduced rate, seeking to clear volumes after buyers have made their purchases
Iranian president urged to permit sale of crude from NW field
A senior Iranian cleric called on President Masoud Pezeshkian to give the green light for the sale of crude oil from a field in the northwestern Ardabil Province.
Eskom, Sasol sign MoU on exploring LNG potential to mitigate looming gas shortage in South Africa
Turkey acquires new FPSO for Sakarya gas field
Turkish Petroleum (TPAO) has received the country’s first floating production, storage and offloading (FPSO) vessel, which will be installed at the offshore Sakarya gas field in the Black Sea north of Zonguldak.
Iran eyes Iraqi investment to build refinery on western border
Iran is looking to attract investment from neighboring Iraq to build a refinery in the Qasr-e Shirin free trade zone near the Iraqi border, the state news agency IRNA reported on September 22, citing a local official as saying.
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